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Grubb & Ellis Realty Investors is the managing member of the advisor to Grubb & Ellis Healthcare REIT, Inc. and Grubb & Ellis Apartment REIT, Inc. These public non-traded REITs seek to capitalize on demographic trends that lead many experts to view healthcare-related real estate and apartments as attractive investment opportunities.
A real estate investment trust is a corporation that combines the capital of many investors to acquire or provide financing for real estate, offers the benefits of a real estate portfolio under professional management, generally does not pay corporate federal income tax (allowing for nearly all of its income to be distributed to stockholders), and is required to pay distributions to investors of at least 90 percent of its taxable income.
REITs can be either publicly traded or non-traded, and may offer investment stability, diversification, and investor income. Non-traded REITs, such as Grubb & Ellis Healthcare REIT and Grubb & Ellis Apartment REIT, are registered with the Securities and Exchange Commission (SEC), but do not publicly trade on a national stock exchange. These REITs behave similarly to direct ownership of real estate, and some investors see non-traded REIT shares as more stable than publicly traded REITs and stocks in general. This stability is largely due to the illiquid nature of this long-term investment.
For more information regarding Grubb & Ellis REITs, please click here.
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